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Tencent is a global technology giant which is the Chinese market leader in Social Media and Gaming. Often called the "Facebook of China," Tencent's revenue declined by 3% in the second quarter, which was driven by the cyclical gaming and advertising market. The company is poised t...
Cowen is curtailing its expectations for console videogame spending this year, pointing to additional hurdles from game delays as well as foreign exchange since its last look at the space. The firm expects 2022 console game spending to fall 7%, down from a previous estimate for a 1%...
Videogame sales continued a year-over-year decline in July - but at a moderating rate, and the spending tracked back toward near 2020 levels, with some help from increased console outlays. Overall sales fell 9% year-over-year to $4.177B, according to NPD Group, mirroring the 10%...
Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients. Longleaf Partners Global Fund declined 1...
Image source: The Motley Fool. Tencent Holdings (OTC: TCEHY) Q2 2022 Earnings Call Aug 17, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Tencent Holdings (TCEHY) Q2 2022 Earnings Call Transcript
Microsoft’s stock marks 304% performance over the past 5 years and is likely positioned to be a strong leading growth stock in the coming years. The Street consensus anticipates 14.23% FCF and 13.83% net income CAGR over the next 5 years. Through Microsoft’s acquisit...
Alibaba ( NYSE: BABA ), JD.com ( NASDAQ: JD ) and Baidu ( NASDAQ: BIDU ) lost ground Wednesday as much of the Chinese tech sector retreated in the wake of Ray Dalio's Bridgewater Associates disclosed it has sold off all of its holdings in a handful of bellwether ...
Tencent Holdings Limited (TCEHY) Q2 2022 Results Conference Call August 17, 2022 08:00 AM ET Company Participants Wendy Huang - IR Pony Ma - Chairman, CEO John Lo - CFO Martin Lau - President James Mitchell - CSO Conference Call Participants A...
Tencent ( OTCPK:TCEHY ) said a report on Tuesday that its planning to sell its stake in Chinese food delivery company Meituan ( OTCPK:MPNGF ) isn't accurate. Tencent made the comments on its earnings call, according to Bloomberg. Meituan ( OTCPK:MPNGF ) fell 7.4%...
Pinduoduo ( NASDAQ: PDD ) may launch a cross-border e-commerce platform in the early part of September, with the U.S. as its first market, Chinese news outlet Late Post reported . The news outlet added that Pinduoduo ( PDD ), which has built its platform connecting...
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Tencent Launches Immersive Digital Experience of Newest World Heritage Site with Gametech PR Newswire The Beijing Central Axis is now ready for digital visitors from around the world SHENZHEN , China , July 27, 2024 /PRNewswire/ -- Tencent (0700.HK...
Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...